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Business Africa

Dangote Group explores new dollar bond sales to finance expansion drive

Aliko Dangote’s conglomerate is considering additional U.S. dollar bond...

Shell quarterly profit jumps 19% as oil price surge lifts earnings

Shell reported a 19% rise in quarterly net profit...

Kenya joins Africa’s oil producers with first output milestone of 20,000 bpd

Kenya has officially entered the ranks of Africa’s oil-producing...

Safaricom posts 59% surge in annual pretax profit on strong fintech growth

Safaricom reported a 59% jump in annual pretax earnings,...

Global Defence Firms Target Booming Drone Market at Egypt’s Arms Expo as Africa Raises Its Ambitions

Global defence manufacturers are increasing their presence in Africa’s rapidly expanding drone market as international companies gather at the Egypt Defence Expo, which has...

China Accelerates Zero-Tariff Access for Nigerian Exports

China has announced it will fast-track zero-tariff access for Nigerian exports, a move expected to strengthen trade ties and expand market opportunities for Nigerian...

Nigeria Benefits as China Channels Eighty Billion Dollars into Global Cleantech Expansion

Nigeria is emerging as one of the notable African beneficiaries of China’s aggressive push into overseas clean technology, as Beijing prepares to deploy an...
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